Is there a penalty for a returned QuikPAY payment?
Yes. Electronic payments are treated in the same manner as paper check payments. Therefore, returned QuikPAY payments are subject to the same penalties: You may be assessed a returned payment fee of 5% of the amount of the payment with a minimum fee of $27.50 and a maximum of $250. QuikPAY payments used to release an encumbrance for registration which are subsequently returned may result in the cancellation of your classes. You could also be required to make future payments in guaranteed funds only, be subject to late payment fees and the loss of University services. See the Returned Check Policy for details about the effects of a returned payment.
